Monday, August 31, 2009

How much would you pay for 1,400 acres of farmland near Shanksville, Pennsylvania?

If you answered $9.5 million ($6,810/acre), then you must be Interior Secretary Ken Salazar. According to the following article from the NY Times, the Feds, already projected to run a $1.6 trillon deficit this fiscal year, are printing up $9.5 million to purchase the 1,395 acres as the site for the Flight 93 memorial.

If you wondering what the market rate is for acreage in Sommerset County, Pennsylvania, I point you to this sample-- a nice 405 acre parcel near Confluence, PA, for the grand bargain of $1.5 million, or $3,700/acre. Granted, the sample land is not as close to the cosmopolitan city of Shanksville, and likely never was reported to have had a 757 nosedive into it, but still, it's basically listed at half-off the government rate. Don't worry too much though as Larry Hoover, the yokel quoted below, noted that despite the inconvenience of haggling for nearly eight years to only get double the market rate, he has settled with his conscience that he's getting a "fair deal" on his 5 acres. Moreover, if you were worried that the Fed's broke the Treasury with their generosity, you should also know that the FIRST phase of the memorial is slated to cost a mere $58 million. No word yet on if the money appropriated for this fiasco was a line item inserted by John Murtha (with a concomitant kickback from the appraiser, of course), whether Haliburton received a no-bid contract to construct the memorial, or if Blackwater/Xe will provide security for the project...

Path Cleared for Memorial to Flight 93
By SEAN D. HAMILL

Work will begin this fall on a memorial to those killed aboard United Airlines Flight 93 on Sept. 11, 2001, now that agreements have been reached to buy the last key pieces of land in Pennsylvania, Secretary of the Interior Ken Salazar said Monday.

The federal government will pay about $9.5 million to the owners of nine parcels near Shanksville, in rural southwestern Pennsylvania, totaling 1,395 acres, including the site where the plane crashed and one right-of-way, Mr. Salazar said.

“Thanks to the collaborative efforts of the landowners, the Families of Flight 93 and the employees of the National Park Service, we have reached this important milestone,” he said.

Flight 93 was traveling from Newark to San Francisco when it was diverted by hijackers, who crashed the plane as passengers tried to wrest control of the cockpit. All 33 passengers and seven crew members died.

The announcement ends years of bargaining with landowners.

Negotiations intensified at the end of last year when, with some parcels still in limbo, the Families of Flight 93, a nonprofit group that has been helping with the purchases, asked the Bush administration to get something done before it left office.

This summer, with time running short to get the first $58 million phase of the memorial completed in time for the 10th anniversary of the crash, the Interior Department set a deadline for the remaining landowners and threatened to take the land through condemnation.

That prompted Senator Arlen Specter to intercede and bring in Mr. Salazar to talk to the landowners himself, which got negotiations moving.

“It really took all the elements to align these stars,” said Patrick White, a lawyer and member of the Families of Flight 93, who helped with negotiations.

Larry Hoover, whose family owned two parcels, totaling five acres, would not say how much his family would receive for the land that held his summer home and a year-round home for his son.

“It was an honorable figure for both sides,” he said. “Did we get everything we wanted? Probably not. But it was fair.”

Originally published at http://www.nytimes.com/2009/09/01/us/01penn.html?ref=us

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